ECON213 Lecture Notes - Lecture 2: Paul Romer

• School: University of Alberta
• Department: Economics
• Course: ECON213
• Professor: J.Scott Beesley

Document Summary

The level of income question is the biggest thing. Compounding matters a 1 vs 2% growth difference is nothing for a year, but humungous over decades. in economics, or should be. (2nd place distribution) We have some examples of fast growth in per capita income, but many others were stagnant. I have a few things i want to add to romer"s ideas. I will just note that there is a degree of technological optimism i do not share, as much as i respect romer.